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Subban signs eight-year, $72 million contract

Aug 2, 2014, 2:54 PM EDT

P.K. Subban AP

The Montreal Canadiens and P.K. Subban weren’t able to come to an understanding before their arbitration hearing Friday morning. That’s water under the bridge now though as Montreal has announced that Subban has agreed to an eight-year extension.

The arbitrator hadn’t ruled on Subban’s case yet and that decision is now unnecessary. Subban’s eight-year agreement with Montreal will start with the 2014-15 campaign.

Montreal didn’t disclosed the financial terms of the contract, but its worth $72 million, according to TSN’s Bob McKenzie. That means Subban will have the third highest cap hit in 2014-15, behind only Alex Ovechkin and Evgeni Malkin. Jonathan Toews and Patrick Kane will surpass all three of them with their matching $10.5 million cap hits, but their contracts won’t take effect until 2015-16.

This marks the end of a period of intense speculation and uncertainty surrounding the future of the 25-year-old defenseman. After missing the start of the shortened 2013 campaign as a restricted free agent, Subban agreed to a two-year, $5.75 million bridge contract. He went on to win the Norris Trophy in 2013 and finished the 2013-14 season with 10 goals and 53 points in 82 games.

He has made it clear that he wants to spend his career with the Canadiens, but immediately following his hearing, the prospects of him getting a long-term deal this summer looked bleak. Now his position as one of the cornerstone’s of this franchise going forward has been cemented.

  1. killerpgh - Aug 2, 2014 at 2:57 PM

    Damn. 9 million cap hit a higher than i thought it would be. But when signing long term that cap hit won’t be as bad down the road.

    • barkar942 - Aug 2, 2014 at 3:21 PM

      Of course it won’t be that bad down the road. We’ll just have another lockout do get rid of bad long term contracts- like this one. He’s a good player, but he is not worth this much.

      • clarke16 - Aug 3, 2014 at 4:11 PM

        Completely absurd… Who belives an arbitrator would have awarded any close to this? Take the two year deal and if the guy doesn’t suffer an injury in the interim–look at signing him to another extension for what his performance in the meantime says he’s worth…

        The risk of a contract like this paying off for the Habs is all borne by them… Foolhardy GM who would sign off on this…

  2. blueballzny - Aug 2, 2014 at 2:58 PM

    9 mil a year for him? Instead of skates, he should be wearing a mask and gloves because this is plain out robbery!

  3. 19to77 - Aug 2, 2014 at 3:00 PM

    Uh. Did Subban just get $500k per year MORE than he demanded?

    • jonnyhammersticks - Aug 2, 2014 at 3:26 PM

      That was for a one year deal for an RFA year. Once the UFA years (and prime years of his hockey career) are part of the contract the price was always going to skyrocket.

  4. buffalo65 - Aug 2, 2014 at 3:03 PM

    Be a bargain soon. Money keeps
    Going up.

  5. bcsteele - Aug 2, 2014 at 3:04 PM

    Wow. Not a hater and not a fan but that is to much money in my opinion. He’s not even in the top five d-man category IMO and he’s now the highest paid.

    • storminator16 - Aug 4, 2014 at 6:50 AM

      Maybe you didn’t notice that Norris trophy he has on his mantle.

      • wingsdjy - Aug 4, 2014 at 12:34 PM

        Norris trophy is flawed because it has to account for 2 different plays types. Is Subban the best offensive d-man? Perhaps. Is Subban the best defensive d-man? Heck no.

  6. mykem07 - Aug 2, 2014 at 3:06 PM

    And now the Habs screwed themselves for cap space. With a percentage of the cap placed on Subban, they are going to have a tough time freeing up space. Add to that Carey Price anf the potential large signings of Galchenuck and Gallagher and you have a problem.

    But why am I complaining. Its none of my business as a Leaf fan.

    • bsaures - Aug 2, 2014 at 3:21 PM

      Montreal even after this still has over 2.5 million in space. Both galchenyuk and gallagher are coming of their elc sothey cant go to arbitration. They are far from screwed

      • mykem07 - Aug 2, 2014 at 3:48 PM

        You do realize how good those two players have been playing since joining the team. I’m sayimg that the Habs will be screwed in the long run.

      • bsaures - Aug 2, 2014 at 4:25 PM

        Montreal has ONE forward makin 5 million dollars next year everyone else is less the have two players making 6 or more and that price snd subban. Bergevin because has managed the cap so well can afford to pay subban this much

  7. jpat2424 - Aug 2, 2014 at 3:08 PM

    Bit high. Should have been 7 a year tops

    • rsmaggiemae - Aug 2, 2014 at 3:33 PM

      Just hope he can stay healthy at that price and for that long of a contract…
      Did not think he would get that much too much in my opinion and I agree he did get more than he originally wanted whats going on??
      Were there any signing bonus involved as Kane and Toews also got a 44 mil signing bonus each 22 mil plus 10.5 mil a year

      it is getting a bit out of hand as the players demand more money then the ticket prices go up and the average fan cant afford them anymore, only corporations or the very wealthy can afford tickets

      I live in Minn and since Parise and Suter signed the ticket prices have gone up 9% and I thought they paid them too much money but I guess now compared to this and the signing of Kane and Toews they were a bargain
      Its a shame what happens to the average fan who likes to go to games and when you add in parking, food etc it gets very expensive and many fans cant afford season tickets but can only go to a few games a year and even watching the games on cable is getting more expensive every year…so the fans get scr-wed in every way

      • jcmeyer10 - Aug 2, 2014 at 5:05 PM

        Bruins fan who went to see the Wild and Kings play in the XCel Center. Great arena and great fans. I know it isn’t much of a consolation but I would love to watch my hockey games there.

      • clarke16 - Aug 4, 2014 at 10:59 PM

        Top rated building for *fan experience* in all of hockey according to a national ESPN poll a couple of years ago. It really is a great building in almost every respect…

  8. thatguytml92 - Aug 2, 2014 at 3:12 PM

    He’s gonna be a Norris candidate for 5 of those years it’s a bargain deal. He’s gonna want a new deal half way through this one though

  9. canada2014gold - Aug 2, 2014 at 3:18 PM

    As I previously stated, 8 years 9-10 million. I really like him but I also think that cap hit will hurt Montreal if the cap doesn’t jump. Montreal is betting their ability to compete in the future on the Canadian dollar going up. Lol as a Nucks fan I am jealous, he’s soooo much fun to watch and he is elite for sure. Sorry haters but Montreal just locked up a deadly hockey player and that hip check on Marchand a cpl years ago is still my fav YouTube video LOL.

    • groess - Aug 2, 2014 at 5:22 PM

      As a Bruins fan, my favorite Youtube video is the two goals Marchand scored against your team in game 7 of the Stanley Cup finals.

  10. drewsylvania - Aug 2, 2014 at 3:22 PM

    LOL. The rest of the league thanks you, Montreal.

    • thatsnuckinfuts - Aug 3, 2014 at 9:25 AM

      The rest of the league is thanking Montreal for setting the bar high for all D men?

  11. bsaures - Aug 2, 2014 at 3:25 PM

    What people forget is even with making 9 million next year he will still wont be in the top 10 for salary because of all thos 12-15 year contracts guys like weber have higher salarys but their last 4 years they make less than 10 percent

    • stakex - Aug 2, 2014 at 4:35 PM

      No one cares about actual salary…. all that matters is the cap hit, and his cap hit will be the 3rd highest.

  12. westof1club - Aug 2, 2014 at 3:33 PM

    So Toews & Kane get 10+mil in 15-16, no whiners talking about how they’ve handicapped the Hawks financial structure, yet Subban, clearly the most dynamic Habs skater gets 1.5mil less than those two, yet he’s debilitated Montreal’s ability to field a contending team? So much excrement coming from the haters mouths, I wonder what their TRUE reasons are for the hate.

    • rsmaggiemae - Aug 2, 2014 at 3:40 PM

      Last year I wrote letters to the NHl Officials as I noticed in watcing the Habs games that Subban would always take his left skate and push the blade into the calf of the defending teams player up against the boards he did this over and over again and you could see he was doing it on purpose…… this is similar to what happend to Karllson in Ottawa with his calf.’
      They finially must have watched him as they penalized him and he was suspended for 4 games and fined and guess what now he doesnt do it anymore he was luckey no one got hurt seriously..
      so if that is a top notch d-man worth that money ad contract I dont want him on my team not with play like that

    • thesportsjudge - Aug 2, 2014 at 3:42 PM

      You must have selective reading. These boards hammered the Hawks.

    • alliceishome - Aug 2, 2014 at 3:47 PM

      #trendinginboston

      • gallyhatch - Aug 2, 2014 at 5:33 PM

        You know that story was retracted, right?

      • gallyhatch - Aug 3, 2014 at 10:59 AM

        Down thumb all you want, fact of the matter is all those reports about the n word trending in Boston were blown out of proportion and retracted.

        Don’t take my word for it, search “twitter, bruins and racism” on the Canadian website globalnews.ca and that will explain it. (Also bear in mind, that’s a Canadian site, not a Boston site)

        Or don’t, and keep trolling with misinformation. You’re only confirming that you’re a f’ing moron, where before we could only assume.

    • lakeshoreleafsfan - Aug 2, 2014 at 3:49 PM

      Then obviously you never kept up to date on how people reacted to Toews and Kane’s contracts, because there was a fair amount of criticism from people; just like there was a fair amount of people commenting in favour of their contracts. And just like there are a number of people commenting in favour of this developing story. So, like I said you didn’t keep up to date on those comments OR you just want to play the “race” card which, judging by the tone of your comment, is what you’re trying to imply. So to you, it’s okay to be critical of everybody else, but PK Subban is off limits…because of the reason that you are insinuating? Are you projecting some of your TRUE reasons for what you are complaining and accusing everybody else of doing?

      • westof1club - Aug 2, 2014 at 4:23 PM

        So much I read about this guy is gossip/innuendo. I can’t read a PK Subban article without not so subtle jabs at his attitude, personality, supposed flopping, overrated potential, etc all after proving himself as a force on an average at best offensive AND defensive squad. His defensive shortcomings are no different than any other dman called on to provide offense when production from the forwards declines. And he produces in that role. I have yet to see another NHLer prove himself the way PK has after his bridge deal, only to have the bar set higher for contract term & amount after clearly showing his worth to teammates and management alike.

      • storminator16 - Aug 4, 2014 at 6:54 AM

        westof1club, you are 100% accurate. Kudos.

      • storminator16 - Aug 4, 2014 at 7:10 AM

        lakeshoreleafsfan, I take it you are white. Can I ask you some questions? “Why do some (and by some, I mean most) hockey fans not realize there are race issues in their sport? Do you not see the race issues in your world? Do you think some of the stereotypes you have in your mind about other races maybe wrong?”

        Thanks in advance. If you don’t have race issues in your “world”, please realize their are race issues in other’s. Some of the Subban stuff I’ve read over the years are ridiculous. Some of the same stuff can be said about the Russians; you’d think some hockey people were still fighting the Cold War. Open up your mind and realize why westof1club wrote his comment.

        He threw the race card because their is a lot of un-checked bigotry in hockey.

  13. lakeshoreleafsfan - Aug 2, 2014 at 3:35 PM

    Wow. 9 mil a year. But his ego will be about triple that a year

    • bigblueapple - Aug 2, 2014 at 3:46 PM

      You’ve got bigger things to worry about, case and point Dion Phaneuf.

      • lakeshoreleafsfan - Aug 2, 2014 at 3:51 PM

        Pffft. Dion Phaneuf is paid nowhere as much as PK Subban is

      • bigblueapple - Aug 2, 2014 at 3:59 PM

        Point is if you watch them play, then you should know he should be getting payed a fraction of what PK does. Furthermore, that horrible Phaneuf contract that the Leafs signed is part of the reason quality players have been getting payed more and more lately. And lastly, you’re a Leafs fan, your head should be buried in sand somewhere.

  14. argofckyourself - Aug 2, 2014 at 3:39 PM

    Lmao…classic Canada overpaying for their own overrated players. Subban is a fool in the defensive zone and got exposed against the Rangers. Gonna look forward to years of watching my team skating circles around that human pylon.

    • hawkeedawg - Aug 2, 2014 at 9:07 PM

      gof**ckyourself, please explain what “classic Canada” means and who is your team?

    • storminator16 - Aug 4, 2014 at 6:56 AM

      Provincial taxes in Quebec, son.

  15. bigblueapple - Aug 2, 2014 at 3:42 PM

    There is a reason he is the most hated player in the league and the most loved in Montreal, and it’s not only cause he’s black.

    • dolphincult - Aug 2, 2014 at 5:39 PM

      Matt Cooke is the most hated player dude

      • jaythehelmetguy - Aug 3, 2014 at 1:12 AM

        Actually it’s Crysby

  16. atodaso - Aug 2, 2014 at 3:45 PM

    Actually westof1club, it was an unbelievable amount “paid too much” and “handcuffed your team” comments with the Toews and Kane contracts. Contrary to what most Habs fans think, the world is not out to get you

  17. dumbassgreg - Aug 2, 2014 at 3:55 PM

    interesting toews and kane sign for more. most great deal. this one most attack. also here is a guy that wants to play in Canada not afraid of media pressure and attention but like kessel, sedin’s regularly get attacked. they just don’t care what others saying or think about them . advantage of not being muslim atheist or catholic.. . you are comfortable being individual. . the hockey culture hates pk subban because he is an individual has his own personality not because he is black. . he is not just another bland vanilla robot sheep calling everybody nicknames ending in a y or ie.lmao

    • seattle2toronto12thmanconnection - Aug 2, 2014 at 11:17 PM

      At least you got your user name right.

  18. buffalo65 - Aug 2, 2014 at 3:58 PM

    He did win the Norris for those saying he sucks. Dion gets 7 million and he’s awful. Don’t see how a top D man isn’t worth 2 mill more than him. Leafs set the lower bar with that signing.

    • bigblueapple - Aug 2, 2014 at 4:01 PM

      So true. They seem to do that every generation.

  19. sabatimus - Aug 2, 2014 at 4:02 PM

    The Habs are going to regret this one big time. So much the better.

    • bigblueapple - Aug 2, 2014 at 4:10 PM

      Sounds like he has scorned you in the past. Maybe you didn’t enjoy his celebration afterwards? Whatever the case, your bias prediction doesn’t affect reality. So much the better.

  20. 950003cups - Aug 2, 2014 at 4:11 PM

    Holy Guacamole Batman!!!!!

  21. 950003cups - Aug 2, 2014 at 4:11 PM

    Wasn’t he asking for $8.5?

  22. easez1 - Aug 2, 2014 at 4:12 PM

    As a hockey fan who has hated the Habs forever and a day, I am overjoyed they keep screwing themselves to the floorboards! I thought my prayers were answered when the Rocket dropped the Cup, and they keep adding icing to the cake, God bless ‘em.

    • charlie24zz - Aug 2, 2014 at 6:47 PM

      Must have been tough to win all those Cups though, eh?

    • hawkeedawg - Aug 2, 2014 at 9:13 PM

      So easez1, how many cups has your team won? Montreal has 23, Toronto is next with 13, then 11, 6 ,5 and 4 for the next teams. I know it is a different era, but c’mon, 23 cups. And no, I am not a Canadiens fan, far from it on the west coast.

  23. flyboystransport - Aug 2, 2014 at 4:21 PM

    Little high for a player who sucks on the penalty kill and gets beaten on the boards regularly by most of the nhl stars

  24. skuba7 - Aug 2, 2014 at 4:28 PM

    For the revenue he creates for the Canadiens franchise, the deal is a bargain.
    As for the comments, each cycle of premier FA’s goes thru this with people saying ‘He’s not worth that much’ and ‘that’s too much money’ and ‘this deal with screw the team with the Cap.’ It will continue to happen each and every year with Stars earning more and more money. But why are we blaming the players for accepting such deals and not the GM’s/Owners/Franchises offering that amount of money and term?

  25. bodallasss - Aug 2, 2014 at 4:35 PM

    Meanwhile McDonagh is making 4.7 million a year in manhattan..

    • billiam55 - Aug 2, 2014 at 5:44 PM

      one of the best contracts out there for a d-man in the NHL.

    • skuba7 - Aug 2, 2014 at 6:32 PM

      McDonagh got that contract straight out of his ELC. Had he been forced to sign a Bridge contract like Subban, you can bet he’d be making more than $4.7 AAV.

    • storminator16 - Aug 4, 2014 at 6:59 AM

      McDonagh. The most over-rated d’man ever.

  26. redwings4013 - Aug 2, 2014 at 4:51 PM

    Ya toews and Kane are Also worth their contracts this is a terrible one 9 million for a not top notch dman in the league. No doubt he’s the best on MON but 9 is a TERRIBLE amount toews is probably the best in the league other then stamkos and Crosby. Kane is easily top 10 forwards in the league as well. Prob the best duo in the league and that’s from a wings fan who has ZEE AND DATS. Also means I’m saying better then Malkin and Crosby. Maybe not better but same skill level easily so they defiantly deserve there contracts but how is subban getting more money then guys like doughty, weber, suter, chara, karlsson, and peitrangelo,

    • skuba7 - Aug 2, 2014 at 6:33 PM

      Because Subban signed his contract last.

  27. nightfireop - Aug 2, 2014 at 5:02 PM

    if montreal doesn’t win anything in the next 8 yrs this would be a waste of epic frenchie proportions.

  28. dumbassgreg - Aug 2, 2014 at 5:10 PM

    could we also stop this myth montreal is in love with pk. they love pk because he wears a montreal jersey. most montrealers would trade pk in a second for a good French catholic player. if pk played anywhere else montreal would be equal in their hate for him as boston. montreal is like any large catholic city boston , rome etc.just waiting for a reason to unleash their racist feelings about black people.they love the myth Jackie robinson was welcomed everywhere. not true.

  29. billiam55 - Aug 2, 2014 at 5:19 PM

    lol goodbye cap space. watching him in the playoffs vs the rangers he didnt look like a player worth 72 million.

    • dolphincult - Aug 2, 2014 at 5:36 PM

      obviously you are unaware of how healthy the habs cap/contract situation is over the next few years even with this deal. Other than this PR hit, Bergevin has done very well. As for PK, he looked as good against NYR as NYR did against LA. That happens when you lay it all out to win and empty the tank to make the next round

      • billiam55 - Aug 3, 2014 at 7:40 AM

        nah the fact is subban isnt defensevie minded hes offensive minded. overrated and overpaid.

  30. dolphincult - Aug 2, 2014 at 5:31 PM

    lakeshoreleafdribble I thought I told u u need to S.T.F. UP? Its your ass backwards team’s fault the contracts are screwed because they sign mediocre talent to top contracts every bloody year. You have the nerve to call Subban mediocre when Phaneuf is your captain? Get serious bro.

  31. 7mantel - Aug 2, 2014 at 5:43 PM

    He should have the flop down pat by the end of that contract !

  32. phtjoey - Aug 2, 2014 at 5:53 PM

    why now? why not 2 months ago? why not 2 weeks ago? heck. why not 2 days ago? what was Bergevin and the Habs trying to prove and to whom? something stinks.

  33. canuckinamerica - Aug 2, 2014 at 5:58 PM

    Absolutely comical. I thought Bergevin was a good GM until this stupidity. You are taken to arbitration for a contract that equals $8.5M a year. You say……”way too much for this player so we are offering $5+M”. Don’t wait for the decision and give the player, who just wanted $8.5M/year $9M/year.
    To all those Habs season ticket holders……hope you enjoy the ticket increase your GM just cost you. Marc, Marc, Marc…..the object of negotiating is to get the price DOWN. Hope Meehan sends Bergevin a nice Xmas gift. Comical was wrong description. Stupid is better.

  34. nfceastisbeast - Aug 2, 2014 at 6:13 PM

    As a Flyer fan, I say good for him. He seems like a really good dude who will represent the Habs nicely for the foreseeable future. Solid player who is fun to watch.

  35. cutelittleguy02 - Aug 2, 2014 at 8:16 PM

    Yes can t wait for next season. Happy in Montreal for more 8 years. Next step new captain Subban and Stanley Cup. Exciting moment! ;)

  36. jpat2424 - Aug 3, 2014 at 12:06 PM

    Westof1club = D Bag

    • storminator16 - Aug 4, 2014 at 7:00 AM

      jpat2424 = a-hat

      I feel better.

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